TaxTMI 
TaxTMI 
Procedure regarding filing of ex-bond bill of entry
X X X X Extracts X X X X
X X X X Extracts X X X X
....xcise & Customs, All Chief Commissioners of Customs, All Chief Commissioners of Central Excise & Customs, All Directors General, Chief Departmental Representative, All Principal Commissioners of Customs, All Principal Commissioners of Central Excise & Customs, All Commissioners of Customs, All Commissioners of Central Excise & Customs Sub: Procedure regarding filing of ex-bond bill ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....try for clearance of the warehoused goods for home consumption. 3. The importer or owner of the goods shall produce a copy of the assessed ex-bond bill of entry with the order for clearance of goods for home consumption given by the proper officer, to the jurisdictional bond officer assigned to the warehouse, for permitting clearance of the warehoused goods. Upon the importer or owner producing t....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e may be, who shall resolve the matter in consultation with the customs station of import. 5. The Board has already issued a circular providing that the bonds to be executed by the importer while filing a Bill of Entry for warehousing shall be executed at the customs station of import itself. Furthermore, with the imminent introduction of the system of providing a warehouse code at the into-bond ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....oods. This shall also address the issue pointed out by the C&AG (Report No. 12 of 2014) regarding goods lying in warehouses beyond the permitted period of warehousing. With the introduction of EDI based monitoring, the systems managers at the customs stations will be able to identify Bills of Entry where the initial period of warehousing is near expiry for initiating necessary action. 6. All thes....